Bailing out the airlines. Again.


(From Thomson Reuters)

American Airlines, with the largest number of full-time employees among U.S. airlines, at 133,700 in 2019, had said it would seek up to $6 billion in grants and $6 billion in government loans under a separate $32 billion funding option for the sector.

American’s stock hit a record low on Friday.

Source: https://www.ac2news.com/2020/04/bailing-out-the-airlines-again/

Leave a Reply

avatar
  Subscribe  
Notify of

More from Against Crony Capitalism: